Economist Harry Dent Says To Brace for the 'Economic Winter', Dow Could Plunge 18,000 Points

By harry dent / October 31, 2017 / www.youtube.com / Article Link


Harry Dent is known for making bold calls, the well-known economist is now warning investors to prepare for the coming of an "economic winter." Dent said the party is over for the Dow Jones Industrials Average (DJIA) which has seen 54 record closes this year. "We have been bubbling since 2009 - I am projecting that the Dow will go down to 5,000 - 5,500 in the next two to three years," Dent said in an interview on Tuesday. Dent's forecast comes from his latest book, "Zero Hour" in which he says the coming financial crash will "dwarf" the Great Recession and possibly the Great Depression. "We have been putting off winter, it's finally going to hit and it's going to be worse than ever," he warned. The DJIA is up 4.2% for the month of October, while the S&P 500 has gained 2.1% and the Nasdaq Composite has risen 3.1%.Don't forget to sign up for Kitco News' Weekly Roundup - comes out every Friday to recap the hottest stories & videos of the week:https://connect.kitco.com/subscriptio...Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/ -- Or join the conversation on social media: @KitcoNewsNOW on Twitter: https://twitter.com/kitconewsnow --- Kitco News on Facebook: http://facebook.com/kitconews --- Kitco News on Google+: http://google.com/+kitco--- Kitco News on StockTwits: http://stocktwits.com/kitconews

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